The US current account deficit and the Asian surplus will shrink.

I paid my bills.

Equally important, a desirable global scenario is possibly one in which most developing countries run current account deficits.

A vicious circle of public finance deficits, current account gaps, worsening external debt dynamics, and stagnating growth can then set in.

I have bills to pay.

Tom refused to pay his bills.

I pay my bills on time.

High saving Asian households and dollar hoarding foreign central banks produced a global savings glut, which pushed real interest rates into negative territory, in turn stoking the US housing bubble while sending financiers on ever riskier ventures with borrowed money.

Macroeconomic policymakers could have gotten their act together and acted in time to unwind those large and unsustainable current account imbalances.

I usually pay my bills on time.

So long as a national government is not running more than a modest deficit, a current account deficit reflects the private sector s borrowing from abroad (or the sale of previously accumulated foreign assets).

Moreover, there is a direct relationship between the EMU countries private sector debt dynamics and their current account imbalances within the euro zone.

Office of Programme Planning, Budget and Accounts

You should've paid your bills on time.

The decline will likely be sustained by the substantial US current account deficit, which found in Bernanke s cuts the spark it needed to make its impact fully felt in foreign exchange markets.

Monitoring external balances can be an effective tool to measure future default risks, since sustained current account deficits lead to a growth in net foreign debt. Moreover, there is a direct relationship between the EMU countries private sector debt dynamics and their current account imbalances within the euro zone.

Monitoring external balances can be an effective tool to measure future default risks, since sustained current account deficits lead to a growth in net foreign debt.

Tom reminded me to pay my bills.

Badly regulated banking sectors, feeble market structures, and weak competition, as well as trade and current account restrictions, were also among the shortcomings identified.

Peacekeeping operations

This lifted manufactured exports around the world and kept inflation down, which in turn boosted demand for energy and raw materials from the developing world, pushing up commodity prices and benefiting many poor countries. The savings generated in East Asia and the major oil exporters have increased global liquidity, helping to finance the US current account deficit, which has now reached unprecedented levels.

A few years ago, countries like Spain and Portugal were running large current account deficits and needed capital inflows totaling roughly 10 of their GDP.

Deeper fiscal surveillance should be matched by broader economic surveillance, especially since current account imbalances have become more acute during the crisis.

Tom had to pawn his guitar in order to pay his bills.

So, who will pay the bill eventually? The moment official intervention is required, everyone runs for cover.

So, who will pay the bill eventually?

The last thing we want to do is to forget to pay our bills.

The mathematics of debt dynamics suggest that no euro zone country should have a current account imbalance, whether a deficit or a surplus, of more than 3 of GDP.

Tom had barely enough money to pay his bills last month.

The Kyeongju meeting decided that the G 20 countries would move toward market determined exchange rates and pursue politics conducive to reducing excessive imbalances and maintaining current account imbalances at sustainable levels.

But most countries that were over saving and under spending have not saved less and spent more their current account surpluses have been growing, aggravating the weakness of global demand and thus undermining growth.

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In other words, home authorities are left to pick up the tab when things go wrong.

Why, then, should ordinary taxpayers foot the bill to bail out the financial industry?

9. Notes with appreciation the recommendation to consolidate the reports of the Secretary General on the accounts of the United Nations and its funds and programmes in a single report A 58 114, appendix, para. 7.

Taxpayers in debtor countries, such as Mexico, picked up the tab.

China, the world s growth superstar, has a huge current account surplus, which means that it is a net lender to the rest of the world.

So long as a national government is not running more than a modest deficit, a current account deficit reflects the private sector s borrowing from abroad (or the sale of previously accumulated foreign assets).

In the evenings, the team will do simple surgeries with local anesthesia.

Will Tom still be able to do that after the operation?

America s current account balance the surplus of imports over exports is now in deficit to the tune of 3 of GDP.

At current market exchange rates, the European Union is now larger economically than the US.

In a global economy with deficient aggregate demand, current account surpluses are a problem.

Unfettered markets do not operate well on their own a conclusion reinforced by the current financial debacle.

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